The Daily Peg
A round-up of stablecoin and CBDC news.
Industry news
Coinbase CEO Says Banks Will Eventually Demand Interest-Paying Stablecoins
https://finance.yahoo.com/news/coinbase-ceo-says-banks-eventually-140000885.html
JPMorgan Freezes Accounts of Two Stablecoin Startups
https://www.zerohedge.com/crypto/jpmorgan-freezes-accounts-two-stablecoin-startups-over-sanctions-concerns-report
Regulation
Regulatory Responses to Financial Stability Risks of Stablecoins
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5710762
Coinbase CEO Calls Reopening GENIUS Act a ‘Red Line’
https://www.zerohedge.com/crypto/coinbase-ceo-says-reopening-genius-act-red-line-slams-bank-lobbying
CBDCs
China to Pay Interest on Official Digital Currency
Michael Pettis@michaelxpettis
Bloomberg: "China is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade of development and testing."
bloomberg.com
China to Pay Interest on Digital Yuan in Bid to Boost Adoption
4:55 AM · Dec 29, 2025 · 26K Views
5 Replies · 29 Reposts · 135 Likes
Derivatives
Perpetual Futures Everywhere and All the Time — Annanay Kapila
Excellent curation of the CBDC and stablecoin landscape. China's move to offer interest on digital yuan is the critical inflection point here. Rather than trying to replicate bitcoin's desirelessness, central banks are discovering they ned positive carrots for adoption. The tension between JPMorgan freezing accounts and Coinbase demanding opensness shows how the banking plumbing layer remains the real battleground, not the rails themselves.